Determining Effects of Stock Splits Oracle Corp has had the following stock splits since its inception Effective Date Split Amount October 12, 2000 2 for 1 January 18, 2000 2 for 1 February 26999 3 for 2 August 15, 1997 3 for 2 Ap 16, 1996 3for 2 February 22,995 3 for 2 November &, 1993 2 for1 June 16,1989 December 21, 1987 2 forl March 9, 1987 2 for1 2 for 1 a. If the par value of Oracle shares was originally S3, what would Oracle Corp. report as par value per share on its 2015 balance sheet? Compute the revised par value after each stock split. Round answers to three decimal places. Revised Par Effective Date March 9, 1987 December 21, 1987 June 16, 1989 November 8,1993 February 22, 1995 Ap 16, 1996 August 15, 1997 February 26, 1999 January 18, 2000 October 12, 2000 Value $1.5 S0.75 S0.375 $0.1888 S0.125 $0.083 S0.056 S0.037 S0.019 $0.00 b. On May 10, 2016, Oracle stock traded for about $80. All things equal, if Oracle had never had a stock split, what would a share of Oracle have traded for that same day? Round answer to the nearest dollar, S